Exchange or Wallet?

[VictorMinsky]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

It is safe to keep coins on wallets because exchanges may close with your money, so do not risk your money.

[armlock]

If you store money on a hardware purse (Leger or Trezor) then security is guaranteed! But if you store it on MEW or MetaMask, then I consider it safer to store it on large stock exchanges (at least the 2FA check will be set up!).

[orisbar]

Depending on the amount of storage if you wanna keep  more than 1k-2k USD, I recommend using wallet hardware, because it is safer while if under 1k USD you can use a wallet exchanger or personal wallet, both are the same

[Parabellun1917]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

I think it's better to create a purse if you do not trade. so calmly.

[Angel0]

It is better to keep your token and coin on your personal wallet since I've read some posts about their coins missing on action on their exchange account and it does bother me a little, so I keep my coins on my wallet and only send it to exchange if I need to trade from one coin to each coin or when I need to turn my coins into cash.

[rudyrista123]

keep coins on the exchange - it is dangerous, but in this case, you can quickly sell them at a convenient case. If you store coins in your wallet and want to sell them, you can miss the price, but this method is much safer. Trader=exchange, Holder=Wallet.

It is true, I agree with your opinion. Menympak our treasure in exchange is very dangerous. Exchange is only needed for us to sell and buy. or for trade. if to hold in a long period of time keep in the wallet more secure.

[startorr]

if your coins at good exchanges such as bittrex or binance you dont have to worry but always hardware wallets are best way to keep tokens but i have not.

[HectorFabian]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

I think if you hold the coin for the long term wallet is better But if you hold the coin for the short term I suggest you to use the Exchange Because both are good and it's gives us a reliable without hardworking and it saves the coins.

[captaincomet]

Of course, you need to keep the crypto currency in your personal wallet! There are many risks on the exchange. This is not logical

[SistaFista]

Of course, you need to keep the crypto currency in your personal wallet! There are many risks on the exchange. This is not logical

yep, but there are still a lot of people holding a lot of money on shitty exchanges like Hitbtc, idex, and many others who are more than risky, like Etherdelta. I dont understand those people, they really like to take a lot of risks.

[seggardinggins]

I have a question.

What is better? To keep your coins on some Exchange site or to open wallets for each coin?

I would like to hear some advice.  What are pros & cons of each option?

Thanks

if I had to choose I would rather wear a wallet than an exchange because if we use the wallet fully control on us and there will be no risk of losing coins because of someone's mistake

[pink2949]

I use a cold wallet for long-term storage of crypto (more than 3 month), but my other balances are on exchanges (for daily trading, short-term investing). Yes, I know the risks associated with exchanges, but its very handy way.

[Beazerdred]

The choice will depend on the strategy of your trade. If you trade every day, then the stock exchange is better for you. But for better security, of course, it's better to have a personal wallet

[Ms Nuha]

According to my way of thinking, what they often say is always or better in the wallet. because I think more wallets are protected. and also if you do not have a private key. then it's not your coins or tokens. but the best of all is not storing your coins on the stock if you're looking for a quick sale then I think it's fine. it's fine to let them in exchange and then cash out.

[bucsren]

If your're actually trading you can keep your coin in the exchange. If not, Its better to keep your coins on your wallet to secure your assets.

[vincesmart]

If the conversation is about where it is best to store your money, then it's best to do it on remote or cold devices. I think that such an opportunity will be the safest. Because I believe that today there are no 100% secure systems.

[deep4u]

If you have asked your doubt in more details I would I have suggested you what's options for this because this depends on your holding time and your goals . I mean to say you are thinking for long term or short time or just for trading.

[maliha tahir]

The better is most likely wallet,and spare ur stuff on frosty capacity I choose Trevor the bestest method to spare ur staff and secure.Echange is great just in one way,to purchase quick tokens in the event that they grow up in light of the fact that u dont need to exchange fiat or token to ur trade to purchase tokens,why not secure on the grounds that trades can come up short or be hacked more often..Good good fortune

[click_buy]

If you want to hold a token for a long time, I recommend you use a hard wallet. for example: Nano S or TREZOR

[alts.inspector]

It depends - if you are an active trader use exchange, in case of long term investment - use wallet.

Also, bear in mind that wallet is usually most secure than keeping coins on exchange.